dc.contributor.author	World Bank
dc.date.accessioned	2021-07-15T14:43:27Z
dc.date.available	2021-07-15T14:43:27Z
dc.date.issued	2021-06-23
dc.description.abstract	In this report, the authors investigate state-owned enterprise (SOE) listings as a solution to promote local capital markets development. Thus, SOE listings can offer governments an enormous opportunity to kick-start the development of their local capital markets while achieving other divestment objectives, such as harnessing the SOE’s value and raising fiscal revenue. In this report, the authors aim to shed light on this question by investigating emerging and developing economies (EMDE’s) experience with SOE listings over the past 30 years. The authors combine a thorough literature review with a case study analysis of 14 frontier and emerging markets, including interviews with key stakeholders from the public and private sector. In particular, the authors aim to answer the following three questions: (1) what has been the impact of SOE listings on local capital markets development in EMDEs?; (2) what have been the pre-conditions to successfully list a SOE?; and (3) once listed, what have been the drivers for creating a positive impact on capital markets development? Because listings have significant effects on the broader economy and potentially harness the value of SOEs in a different way, this report also attempts to evaluate the impact of SOE listings on other key economic variables - in particular firm performance, the quality of public service delivery, employment, wealth distribution, and fiscal revenue. The sole objective is to provide policymakers with sufficient information to make an educated decision on whether or not SOE listings are a suitable solution for their respective country.	en
dc.identifier	http://documents.worldbank.org/curated/en/984431624443117178/Listing-State-Owned-Enterprises-in-Emerging-and-Developing-Economies-Lessons-Learned-from-30-Years-of-Success-and-Failure
dc.identifier.doi	10.1596/35919
dc.identifier.uri	https://hdl.handle.net/10986/35919
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	STATE-OWNED ENTERPRISES
dc.subject	EMERGING MARKET ECONOMIES
dc.subject	CAPITAL MARKETS
dc.title	Listing State-Owned Enterprises in Emerging and Developing Economies	en
dc.title.subtitle	Lessons Learned from 30 Years of Success and Failure	en
dc.type	Report	en
dc.type	Rapport	fr
dc.type	Informe	es
dspace.entity.type	Publication
okr.crossref.title	Listing State-Owned Enterprises in Emerging and Developing Economies
okr.date.disclosure	2021-06-23
okr.date.doiregistration	2025-05-07T09:47:37.006388Z
okr.doctype	Economic & Sector Work
okr.doctype	Economic & Sector Work::Other Public Sector Study
okr.docurl	http://documents.worldbank.org/curated/en/984431624443117178/Listing-State-Owned-Enterprises-in-Emerging-and-Developing-Economies-Lessons-Learned-from-30-Years-of-Success-and-Failure
okr.guid	984431624443117178
okr.guid	099835304182233779
okr.identifier.externaldocumentum	090224b088737f7d_2_0
okr.identifier.internaldocumentum	33202513
okr.identifier.report	160917
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/984431624443117178/pdf/Listing-State-Owned-Enterprises-in-Emerging-and-Developing-Economies-Lessons-Learned-from-30-Years-of-Success-and-Failure.pdf	en
okr.topic	Private Sector Development::Emerging Markets
okr.topic	Public Sector Development::State Owned Enterprise Reform
okr.topic	Finance and Financial Sector Development::Capital Markets and Capital Flows
okr.unit	EFI-FCI-Long-Term Finance (EFNLT)

Publication: Listing State-Owned Enterprises in Emerging and Developing Economies: Lessons Learned from 30 Years of Success and Failure

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Listing State-Owned Enterprises in Emerging and Developing Economies: Lessons Learned from 30 Years of Success and Failure